Indian multinational ride-sharing company Ola, which recently forayed into the electric scooter space through Ola Electric, today opened purchases of Ola S1 and S1 Pro scooters through the Ola mobile application.
Scooter deliveries are expected to commence in October this year, during which test rides will also be open to the public.
Ola said that the purchasing will be done in batches and is prioritizing users based on their dates of reservation. Individuals who have reserved the scooter will receive notifications about their purchase window through email, SMS or app notifications and will be allowed to purchase any time after the opening of the purchase window.
Advance payment for the scooter has been fixed at Rs 20,000, while the cost of reserving the scooter through the Ola application is at Rs 499.
Ola also said that the scooters will be home delivered and there will be no showrooms, as the purchase will be fully digital.
As for insurance for the scooter, customers can choose policies from insurance partners for a five-year term. The company also recommended one-year damage insurance to cover accidental damages. Other add-ons will include the likes of personal accident cover, zero depreciation and roadside assistance.
In terms of subsidy offered by the government for electric vehicles, potential buyers will need to have a valid Aadhar Card, Pan Card, Passport or a driver’s license to claim money back under phase II of the Faster Manufacturing & Adoption of Electric Vehicles (Fame II) scheme.
The Fame II subsidy can be availed by citizens once for per category of vehicles -- (2-wheelers, 3-wheelers, 4-wheelers). Under the revised Fame II scheme, purchase incentives for electric two-wheelers (E2W) have been increased by 50% to Rs 15,000 per kWh of battery capacity.
Additionally, states in the country also offer their own subsidies over Fame II. Some of the states that offer subsidies include Gujarat, Maharashtra, Delhi, Rajasthan and Orissa.
While the state of Maharasthra will offer the S1 version of the scooter at an ex-showroom price of Rs 75,099, states which do not have their own subsidies will have to shell out Rs.99,999 for the S1 version, and 129,999 for the pro version. The on-road price of the pro version will be around Rs.1.37 lakh for states without subsidies.